China's first global tech brand reported sales of phones, network gear and other technology rose 3.8% over 2019 to 891.4 billion yuan , a decline from the previous year's 19.1% growth. That was propelled by a 15.4% gain in China, while sales in other markets shrank.
Huawei, which denies accusations it might aid Chinese spying, sold its lower-priced Honor smartphone brand in hopes of reviving sales by separating it from the sanctions on the parent company. "We hope they can help us to restore this kind of co-operation in the semiconductor industry," he said. Sales of smartphones and other consumer products rose 3.3% over 2019 to 487 billion yuan , or 54% of total revenue. That was down from a 34% increase in 2019.
Taiwan 1 great country. China 4.
Stop buying it
Of course! China always wins
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